RYGAARD HOLDING, GRENAA A/S — Credit Rating and Financial Key Figures

RYGAARD HOLDING, GRENAA A/S (CVR number: 26385075K) is a company from NORDDJURS. The company recorded a gross profit of 107.8 mDKK in 2019. The operating profit was 17.3 mDKK, while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RYGAARD HOLDING, GRENAA A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.